Plain Green Loans Help in Ohio
Date: Thu, 11/03/2011 - 10:59
Plain Green Loans Help in Ohio
I live in Ohio. I have had/or currently have the following loans with Plain Green Loans.com:
Original Loan (Paid off): $500- Pd a total of $809.29 over a short period and took out another loan from them.
Original Loan (Paid off): $800- Pd a total of $871.01 over a short period and took out another loan from them.
Original Loan (still paying): $800- So far I have paid a total of $351.27 and balance says it is still $819.26
Is there something I can do living in the state of Ohio to get out of this revolving door of high interest with them and actually make my payments do something?
Original Loan (Paid off): $500- Pd a total of $809.29 over a short period and took out another loan from them.
Original Loan (Paid off): $800- Pd a total of $871.01 over a short period and took out another loan from them.
Original Loan (still paying): $800- So far I have paid a total of $351.27 and balance says it is still $819.26
Is there something I can do living in the state of Ohio to get out of this revolving door of high interest with them and actually make my payments do something?
Plain Green is an ILLEGAL tribal lender!! Only low interest loa
Plain Green is an ILLEGAL tribal lender!! Only low interest loans are permitted in OH and no rollovers. Close your bank account ASAP and revoke any voluntary wage assignment you may have authorized.
Lending of payday loan is considered legal (-Low Cost) in the State of Ohio.
Loan Specifications
- Maximun Amount of Loan - $500
- Term of Loan - 31 days
- Maximum Rate of Finance and Fees- 28% per annum
- Finance Charge on $100 loan for a 14 day period - $1.08
- APR for $100 loan for a 14 day period - 28%
Debt Limits
- Maximum Number of outstanding loans permitted at a time - 1, 4 per year
- Permissible number of Rollovers - None
- Cooling-off Period - Limit of 2 loans in 90 days
- Repayment Plan - Yes, available. 60 days time period. No fees.
Limits of Collection
- Collection Fees - a) Bank charges (if disclosed); b) Collection aharge of $20; c) Court costs arising after default; Damages
- Criminal Action - Prohibited
File your Complaint and get Information
- Regulator - Ohio Division of Financial Institutions
- Address - 77 South High Street, 21st Floor Columbus OH 43215
- Phone - (614) 728-8400
- Regulatory Contact - Robert M. Grieser,, Deputy Superintendent for Consumer Finance
What if I don't close my bank account, and just contact them. Wh
What if I don't close my bank account, and just contact them. What will happen? I really don't want to close my bank accounts, but I also want to get out. What are my options from here without closing my bank account?
Plain Green will actually honor your ACH revocation . Contact t
Plain Green will actually honor your ACH revocation . Contact them right away (email) and revoke ACH auth.